Tag Archives: Economic

Survey shows how economic distress erodes South Africans’ savings culture(Moneyweb)

Consumers find it difficult to stick to a savings culture while the economy causes so much financial distress. A total of 48% of respondents report that they cannot cover basic essentials like food, energy, housing and healthcare, while another 41% say they only just manage their essential day-to-day living costs. Concerning insights from the latest […]
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World Economic Outlook- January 2020 (IMF)

The International Monetary Fund predicts the world economy will strengthen in 2020, albeit at a slightly weaker pace than previously anticipated amid threats related to trade and tensions in the Middle East. Global growth will accelerate this year to 3.3% from 2.9% in 2019, the fund said on Monday. That’s the first pickup in three […]
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